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b14g Bitcoin staking protocol loses $1.47 million in exploit
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b14g Bitcoin staking protocol loses $1.47 million in exploit

Oct 31, 2026

On October 31, 2026, Bitcoin staking protocol b14g suffered a $1.47 million exploit that drained approximately 97 million CORE tokens. The attacker exploited a vulnerability where submitting zero-value withdrawal requests against unfunded positions triggered Core's contract to release entire balances. While exchange partners froze roughly 9 million stolen CORE, b14g confirmed that staked Bitcoin on the BTC blockchain remained secure and unaffected.

Details of the b14g exploit

  • ▪Bitquery reported that the contract logic exploited in the October 31, 2026 b14g breach had been in place for approximately 17 months and required no compromised administrator key
  • ▪The attacker behind the October 31, 2026 b14g exploit exploited b14g by submitting 99 zero-value withdrawal requests against unfunded staking positions, which Core's staking contract interpreted as instructions to withdraw entire balances
  • ▪Bitcoin staking platform b14g lost approximately 97 million CORE tokens, valued at $1.47 million, during an exploit
  • ▪b14g paused its affected smart contracts at 10:35 UTC on October 31, 2026, approximately 66 minutes after the initial unauthorized withdrawals in the b14g exploit occurred
  • ▪Blockchain analytics firm Bitquery reported that the $1.47 million b14g exploit occurred at 09:29 UTC on October 31, 2026, draining 91 staking positions in a single transaction

Movement and freezing of stolen tokens

  • ▪Following the October 31, 2026 b14g exploit, the b14g exploit attacker transferred 23 million stolen CORE tokens across newly created wallet addresses before b14g paused affected contracts
  • ▪Bitquery reported that CORE tokens stolen in the b14g exploit moved through intermediary addresses linked to exchanges Bybit, Gate.io, and MEXC, leaving 68 million CORE unmoved across three wallets
  • ▪Exchange partners froze approximately 9 million stolen CORE tokens linked to the b14g exploit attacker following the October 31, 2026 exploit of b14g
  • ▪Bitquery identified a transaction fee provider that received 11 million stolen CORE tokens from the b14g exploit attacker and forwarded them to an MEXC deposit address

Assurances on unaffected assets

  • ▪b14g confirmed that CORE tokens staked directly with validators or through non-b14g protocols were not affected by the October 31, 2026 b14g exploit
  • ▪b14g confirmed that the October 31, 2026 b14g exploit was limited to CORE deposits and that Bitcoin staked through the protocol remained secure on the Bitcoin blockchain
  • ▪Core DAO stated that its underlying blockchain, consensus mechanism, validators, and staking contracts remained uncompromised and fully operational during the October 31, 2026 $1.47 million b14g exploit

2 sources

CryptoSlate
Zero-token withdrawals let a hacker drain 97 million CORE from Bitcoin staking platform b14g
View source article
The Defiant
b14g Says 97 Million CORE Drained, Pauses Contracts
View source article

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Related entities

Core

Related Projects

BybitBitcoinCoreBitquery

Topics

Smart contract vulnerabilitiesCrypto hacksBitcoinInput validation flawDeFi exploitsMining & StakingDeFiCrypto security